by Peter Bodley
The city of Coon Rapids spent less than budgeted in 2011 and brought in more revenues than anticipated.
In a year-end budget report to the Coon Rapids City Council, Kevin Vouk, manager of accounting/treasurer, said that general fund expenditures were $701,805 under the 2011 budget, while general fund revenues were $606,640 higher than estimated.
The general fund pays for the day-to-day operations of the city.
According to Vouk, general fund expenditures in 2011 will total $23,987,590, which is 2.8 percent less than the amended budget of $24,689,395.
All departments, except public works ($134,400 over budget), have spent less than budgeted, including $228,400 in the city manager’s department, $129,100 in the fire department and $115,700 in the community development department.
“It is estimated that expenditures in the personal services category will be $18,857,948,” Vouk told council in his report.
“This is $597,205 under budget due to vacancies and fewer seasonal employee hours than budgeted.”
In addition, the other charges and services category was $83,700 under budget primarily due to less being spent than budgeted for utilities, travel and conferences, Vouk said.
However, spending in the supplies budget is $6,200 over budget because of higher costs for motor fuels and lubricants, he said.
According to Vouk, property tax revenues for 2011 were under estimates by $173,408 – $17,146,000 compared with the budget of $17,319,408.
But in all other areas, except for intergovernmental sources, revenues came in above expectations, especially charges for services (fees), which were $233,485 more than anticipated.
Business license fees were $122,929 higher than anticipated, while income from the utilities tax exceeded expectations by $144,540.
Noting the personal services spending was $597,000 under budget, City Manager Matt Fulton said that accounted for 70 percent of the budget.